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#4156
Modesto Businesses for Sale

Authentic Mexican Restaurant with ABC license for Sale in Turlock CA

$170,000
Authentic Mexican Restaurant with ABC license for Sale in Turlock CA
This Listing is Expired

Mexican Restaurant for sale Details:

* This is an established authentic and delicious mexican cuisine located in Turlock CA - Stanislaus County.

* This restaurant for sale is situated inside a busy shopping center on a major road of the town. The shopping center has easy access from road and ample parking area.

* This restaurant has same ownership from last 13 years and good customer reviews.

* This Mexican restaurant is specialize in serving delicious spinach enchilada, blackened santa fe chicken pasta, grilled chicken caesar salad, spinach artichoke dip, and bacon wrapped shrimp. Also they offer variety of appetizers, Soup & Salads, Pasta Dishes, Steak & Pork, Mariscos / seafood, Burritos & Chimichangas, or select your own combo set.

* As per owner, the restaurant sale is about $30,000 per month at low food cost.

* The restaurant has Type 47 On-Sale General Eating Place license which is included in sale (worth $15,000 in market).

* The restaurant size may be about 3500 sq.ft. estimated.

* The business has total 5 employees plus 2 family members in total payroll of $7000 estimated.

* Monthly Water Bill is paid by landlord and Monthly Rent is about $2700 base plus $370 CAM charges approx.

* Lease: Buyer may get 5 years plus 5 years option.

* Owner may finance the deal for qualified buyer with mentioned down payment.

To get location, please SIGN NDA online and Call or Email us to discuss.

 

 

This is a Western Singh Business Brokers listing.
Business & Real Estate Associate Nirvail Singh DRE License #01853125

Lease

Region:
Modesto Businesses for Sale
Lease Term:
5 yrs + 5 yrs option
Total Monthly Rent:
$3,070

Operations

Liquor License:
47
# of Full-Time Employees:
5
# of Family Employees:
2
Hours Open:
11AM TO 10PM
Year Established:
2001
Hood System Type 1:
Yes

Facilities

Inside Sq. Ft.:
3,500

Highlights

  • Owner Financing Available.
  • Located inside shopping center.
  • Ownership for last 13 years.
  • Good customer reviews.
  • Authentic and Delicious Mexican Food.

Financing

Down Payment:
$125,000
Will SBA Finance:
No
Will Seller Lend To Buyer:
Yes

Demographics

Population 3-mi. 5-mi
2014 Total Population 37,137 91,771
Households 3-mi. 5-mi
2010 Number Of Households 12,325 29,658
2010 Persons Per Household 2.86 3.02
Median House Value $229,300 $192,421
Income Per Household $65,412 $51,709
Businesses 3-mi. 5-mi
2009 Number Of Businesses 435 1,568
2012 Number Of Employees 11,420 44,120
2012 Total Annual Payroll $221,961,000 $755,766,000

click for more demographic info

Disclaimer

ADDITIONAL LISTING INFORMATION: NOTICE TO BUYERS: This business opportunity and/or real estate is listed by Western Singh Business Brokers ("Broker"). Visitor ("Buyer") understands that Broker or its agent(s) does not audit or verify any and all above mentioned information (not limited to sales, building size, lot size, margins, profits) given to or gathered by Broker or its agent(s) or make any warranty or representation as to its accuracy or completeness, nor in any way guarantee future business performance. Buyer is solely responsible to examine and investigate the Business, its assets, liabilities, financial statements, tax returns, and any other facts which might influence Buyer's purchase decision or the price Buyer is willing to pay. Any decision by Buyer to purchase the Business shall be based solely on Buyer's own investigation and that of Buyer's legal, tax, and other advisers and not that of Broker or its agent(s). Any listing information may change at any time without any notice. Buyer acknowledge that by using this website and inquring about any listings on this website shall not establish any agent and principal relationship between Western Singh Brokers and the Buyer. Western Singh Brokers is or will always be exclusive agent of seller only during any discussions or activities related to any listings on this website.


Western Singh Business Brokers helps buy and sell businesses for sale like gas stations, liquor stores, convenience stores, grocery stores, local markets, coin laundry, tabacco shop, cigarette stores, smoke shops, restaurants, and franchise businesses. Western Singh Business Brokers is serving in california in areas like modesto, sacramento, stockton, ripon, manteca, lodi, lathrop, elk grove, galt, tracy, livermore, dublin, pleasanton, alameda, merced, madera, ceres, turlock, hilmar, gustine, newman, los banos, delhi, denair, livingston, clovis, fresno, tulare, sonora, jackson, amador, roseville, placer county, el dorado hills, citrus heights, and other northern california area. 

 

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